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Exhibit 99.1
FOR IMMEDIATE RELEASE
CONTACT:
Jeffrey Volk
Paul Thomas, CFO Stephen D. Axelrod, CFA
KINETIKS.COM, INC. WOLFE AXELROD WEINBERGER ASSOC. LLC
813-637-3591 (212) 370-4500; (212) 370-4505 fax
e-mail:[email protected]
KINETIKS.COM ENDS DISCUSSIONS WITH GENESYS
DENVER, COLORADO - JULY 27, 2000 - eLinear, a wholly owned subsidiary of
Kinetiks.com, Inc., (OTC.BB: KNET), today announced that it has ended its
discussions with Genesys Development Corporation, a full-service Internet
consulting firm based in Louisville, Kentucky. On May 1, 2000, eLinear had
announced a letter of intent to acquire Genesys.
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KINETIKS.COM, through its wholly owned subsidiary eLinear, is a full service
Internet consulting firm offering e-commerce consulting, design, and development
services to clients ranging from Fortune 500 companies to start-up dot com
enterprises. Since 1997 eLinear has focused on maximizing their clients' ROII
(C) (Return on Internet Investment).
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